Question 3: Based on the following assumptions prepare a 3rd spreadsheet with the actual trading activities for the 1st quarter next year. ASSUME THAT DURING THE 1ST QUARTER OF NEXT YEAR: Food revenue was 20% higher than the budget forecasted . Food Cost was 30% higher than the budget forecasted . Beverage sales was 15,000 units Utilities Expense was $3,000 Wages expense $20,000 . Rent expense was $6,500 You are required to monitor the trading activities for Simpsons Pty Ltd for the first quarter of next year and identify and record in an additional column all dollar ($) variances from the forecasted budget